Mutual of America Capital Management LLC Has $8.32 Million Holdings in Murphy USA Inc. (NYSE:MUSA)

Mutual of America Capital Management LLC decreased its stake in Murphy USA Inc. (NYSE:MUSA) by 2.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,714 shares of the specialty retailer’s stock after selling 413 shares during the quarter. Mutual of America Capital Management LLC owned approximately 0.09% of Murphy USA worth $8,316,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of MUSA. Envestnet Asset Management Inc. increased its position in shares of Murphy USA by 14.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 97,011 shares of the specialty retailer’s stock worth $45,543,000 after purchasing an additional 12,336 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of Murphy USA by 10.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 4,621 shares of the specialty retailer’s stock valued at $2,169,000 after acquiring an additional 455 shares during the last quarter. Thoroughbred Financial Services LLC boosted its holdings in shares of Murphy USA by 65.0% in the 2nd quarter. Thoroughbred Financial Services LLC now owns 1,556 shares of the specialty retailer’s stock worth $730,000 after acquiring an additional 613 shares in the last quarter. GHP Investment Advisors Inc. boosted its holdings in shares of Murphy USA by 82.1% in the 2nd quarter. GHP Investment Advisors Inc. now owns 173 shares of the specialty retailer’s stock worth $81,000 after acquiring an additional 78 shares in the last quarter. Finally, Coldstream Capital Management Inc. grew its position in Murphy USA by 6.4% during the 2nd quarter. Coldstream Capital Management Inc. now owns 1,728 shares of the specialty retailer’s stock worth $811,000 after acquiring an additional 104 shares during the last quarter. Institutional investors and hedge funds own 80.81% of the company’s stock.

Murphy USA Stock Down 2.3 %

Shares of NYSE:MUSA opened at $515.34 on Thursday. The company has a debt-to-equity ratio of 2.20, a current ratio of 0.84 and a quick ratio of 0.52. The stock has a market cap of $10.68 billion, a price-to-earnings ratio of 21.63 and a beta of 0.77. The company has a 50 day moving average of $509.32 and a 200-day moving average of $460.05. Murphy USA Inc. has a one year low of $337.29 and a one year high of $552.30.

Murphy USA (NYSE:MUSA) last released its earnings results on Wednesday, July 31st. The specialty retailer reported $6.92 EPS for the quarter, topping analysts’ consensus estimates of $6.91 by $0.01. The firm had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.69 billion. Murphy USA had a net margin of 2.50% and a return on equity of 64.73%. The business’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.02 EPS. On average, sell-side analysts forecast that Murphy USA Inc. will post 24.43 earnings per share for the current year.

Murphy USA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 5th. Shareholders of record on Monday, August 26th were given a dividend of $0.45 per share. This is a boost from Murphy USA’s previous quarterly dividend of $0.44. The ex-dividend date was Monday, August 26th. This represents a $1.80 annualized dividend and a dividend yield of 0.35%. Murphy USA’s payout ratio is presently 7.55%.

Insider Buying and Selling at Murphy USA

In other Murphy USA news, Director Robert Madison Murphy sold 16,755 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $514.54, for a total transaction of $8,621,117.70. Following the completion of the sale, the director now owns 396,384 shares in the company, valued at approximately $203,955,423.36. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In related news, Director Robert Madison Murphy sold 16,755 shares of the company’s stock in a transaction on Tuesday, August 6th. The shares were sold at an average price of $514.54, for a total value of $8,621,117.70. Following the completion of the sale, the director now owns 396,384 shares in the company, valued at approximately $203,955,423.36. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director James W. Keyes sold 2,000 shares of the company’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of $511.54, for a total transaction of $1,023,080.00. Following the completion of the sale, the director now owns 16,114 shares of the company’s stock, valued at approximately $8,242,955.56. The disclosure for this sale can be found here. In the last 90 days, insiders sold 32,209 shares of company stock worth $16,564,666. Insiders own 9.04% of the company’s stock.

Wall Street Analysts Forecast Growth

MUSA has been the topic of a number of recent analyst reports. StockNews.com lowered Murphy USA from a “buy” rating to a “hold” rating in a research note on Tuesday. Royal Bank of Canada reduced their price target on shares of Murphy USA from $538.00 to $537.00 and set a “sector perform” rating on the stock in a research report on Thursday, August 1st. Wells Fargo & Company increased their price objective on shares of Murphy USA from $540.00 to $560.00 and gave the stock an “overweight” rating in a report on Friday, August 2nd. Finally, Raymond James boosted their target price on shares of Murphy USA from $530.00 to $545.00 and gave the stock an “outperform” rating in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $469.50.

Murphy USA Company Profile

Murphy USA Inc engages in marketing of retail motor fuel products and convenience merchandise. The company operates retail stores under the Murphy USA, Murphy Express, and QuickChek brands, as well as operates non-fuel convenience stores. It operates retail gasoline stores principally in the Southeast, Southwest, and Midwest United States.